American Trust Sells 11,764 Shares of JPMorgan Small & Mid Cap Enhanced Equity ETF $JMEE

American Trust reduced its stake in JPMorgan Small & Mid Cap Enhanced Equity ETF (NYSEARCA:JMEE) by 16.3% during the fourth quarter, HoldingsChannel.com reports. The fund owned 60,271 shares of the company’s stock after selling 11,764 shares during the quarter. American Trust’s holdings in JPMorgan Small & Mid Cap Enhanced Equity ETF were worth $3,880,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently bought and sold shares of JMEE. CWM LLC increased its holdings in JPMorgan Small & Mid Cap Enhanced Equity ETF by 121.6% in the 4th quarter. CWM LLC now owns 958,735 shares of the company’s stock valued at $61,723,000 after acquiring an additional 526,040 shares during the last quarter. Retirement Management Systems Inc. bought a new stake in JPMorgan Small & Mid Cap Enhanced Equity ETF in the 4th quarter valued at $9,413,000. LPL Financial LLC increased its holdings in JPMorgan Small & Mid Cap Enhanced Equity ETF by 7.3% in the 4th quarter. LPL Financial LLC now owns 1,950,272 shares of the company’s stock valued at $125,558,000 after acquiring an additional 133,225 shares during the last quarter. Capital Developers LLC bought a new stake in JPMorgan Small & Mid Cap Enhanced Equity ETF in the 4th quarter valued at $7,177,000. Finally, Tcfg Wealth Management LLC bought a new stake in JPMorgan Small & Mid Cap Enhanced Equity ETF in the 3rd quarter valued at $7,066,000.

JPMorgan Small & Mid Cap Enhanced Equity ETF Stock Performance

Shares of NYSEARCA JMEE opened at $75.41 on Thursday. The company has a market cap of $2.74 billion, a P/E ratio of 17.83 and a beta of 1.04. The firm’s fifty day moving average is $73.09 and its two-hundred day moving average is $69.37. JPMorgan Small & Mid Cap Enhanced Equity ETF has a 52-week low of $57.21 and a 52-week high of $77.54.

About JPMorgan Small & Mid Cap Enhanced Equity ETF

The JPMorgan Market Expansion Enhanced Equity ETF (JMEE) is an exchange-traded fund that is based on the S&P 1000 index. The fund is an actively managed portfolio of small- and mid-cap US stocks and REITs. The fund uses a proprietary selection and weighting criteria, aiming to modestly outperform the total return of the S&P 1000 Index. JMEE was launched on May 6, 2022 and is managed by JPMorgan Chase.